Awareness of the Need for Pension Funds to be Improved: http://www.industry.co.id/read/42571/kesadaran-perlunya-dana-pensiun-perlu-ditingkatkan/22 September 2018
Manulife Indonesia said that the awareness of the Indonesian people in pension fund planning is still low because of the total number of workers in Indonesia, only around 4 percent of formal workers are members of the Financial Institution Pension Fund (DPLK) Program.
Director & Chief Employee Benefits of Manulife Indonesia, Karjadi Pranoto said that based on data of the Financial Services Authority (OJK) 2017, the number of DPLK participants in 2017 was 3,055,617 workers, while the number of formal sector workers recorded by the Central Statistics Agency (BPS) in 2017 was 73.98 million people. From these data there are only around 4 percent of formal workers who are members of the DPLK membership. The percentage is still low is an opportunity and potential for Manulife Indonesia Pension Fund to continue to work on those markets and regularly disseminate the role of pension funds to build awareness among employers. The DPLK program from Manulife Indonesia seeks to encourage awareness of pension fund planning through socialization in the form of education about the importance of pension fund planning for companies or employers.
Pension Fund Industry Grows Positively in August 2023, Assets Reach IDR 360.08 Trillion: https://www.liputan6.com/bisnis/read/5392661/industri-dana-pensiun-tumbuh-positif-di-agustus-2023-aset-capai-rp-36008-triliun?page=2/8 September 2023
The Financial Services Authority (OJK) noted that pension funds experienced asset growth of 7.12 percent yoy with an asset value of IDR 360.08 trillion. This was conveyed by the Chief Executive of the Insurance, Guarantee and Pension Fund Supervision of the Financial Services Authority (OJK), Ogi Prastomiyono, at the August August Financial Services Authority (OJK) Monthly Board of Commissioners Meeting virtually, Friday (8/9/2023).
Pension Funds in Indonesia
Indonesia Industry Report and Market Research
December 7, 2023
Industry Code : K8142
Forecast to : 2027
Definition
Pension Funds in Indonesia This class consists of enterprises providing employee pension funds. An amount is deducted from employees’ wages while they are working to put into a fund for their pension.
Activities
The primary activities of firms in this industry are :
The Pension Funds industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.